Valsen Corporate

Ireland Investment Manager License

  • Ireland Investment Manager License Key Features A UCITS must appoint an investment manager who manages the investments made by a UCITS. The discretionary investment manager does not need to be located in Ireland and, for the most part, is typically not located in Ireland. Any investment manager (and a discretionary investment adviser) to be appointed by a UCITS must be approved to act as such by the Central Bank. Essentially the Central Bank must be satisfied that the discretionary manager is authorised by an appropriate regulatory authority and is subject to ongoing supervision
    .
    Legal Requirements

    Requirements

    Description

    General
    • Corporate  vehicle permitted

    Investment company
    • Local physical office required

    No

    Share capital or equivalent
    • Minimum paid-up capital

    EUR 125,000  plus 0.02% of the amount by which net assets exceed EUR 250 million

    Directors
    • Minimum number

    3
    • Corporate directorship allowed

    No
    • Local director required

    Minimum of 2 local directors

    Shareholder
    • Minimum number

    1
    • Corporate shareholders allowed

    Yes
    • Local  shareholders required

    No

    Service Providers Required
    • Company secretary

    Yes
    • Auditors

    Yes
    Tax Treatment Authorised Irish funds are tax exempt, except to the extent that they have Irish resident investors. Transfers of units in Irish funds are exempt from Irish stamp duty. Duration to Set Up About 3 weeks
  • Distinctive Benefits of Licence
    • Ease and speed of establishment
    • Favourable tax regime
    • Globally reputable regulatory environment
    The Valsen Advantage
    • End to end comprehensive service
    • Speedy and efficient service
    • Expert advice on structuring options
    • Dedicated ongoing compliance support
    • Extensive network pool of service providers